Polarcus takes delivery of fourth 3D sesimic ship

Polarcus Limited (OAX: PLCS) reports that Polarcus Samur Ltd, a member of the Polarcus Group, took delivery on March 2, 2011 of POLARCUS SAMUR, the fourth 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at the Drydocks World - Dubai shipyard in the United Arab Emirates and is transiting directly to Namibia to commence a charter for HRT Participacoes em Petroleo S.A. and UNX Energy Corp.

POLARCUS SAMUR is an ultra-modern and Arctic-ready 8 streamer 3D seismic vessel of the ULSTEIN SX133 design capable of towing both conventional and wide tow spreads, including the company's First Pass(TM) 3D technique. The SX133 design has an overall length of 84.2 m and a beam of 17 m.

POLARCUS SAMUR has a maximum speed of 17 knots and is capable of deploying up to 8 streamers each of 6,000 m length, or 6 streamers each of 8,000 m length, with lateral streamer separations of between 25 and 200 meters.